Yalies Discuss the Economy

On Tuesday, September 23, the Yale School of Management hosted a Roundtable of 30 leaders to explore the current financial sector crisis as well as the Treasury Department proposals being debated in Congress. Nine Yale faculty were joined by business leaders, shareholder activists and professors from sister universities. Participating business leaders included Yale University alumni William Donaldson ’53 BA, former Chair of the SEC and founding Dean of the Yale School of Management; Nancy Peretsman ’79 MPPM, Managing Director of Allen & Company; Wilbur Ross ’59 BA, Investor; Scott Schoen ’80 BA, Co-President of Thomas H. Lee Partners; Stephen Schwarzman ’69 BA, Chairman and CEO of the Blackstone Group; and George Wyper ’84 MBA, Managing Partner of Wyper Capital Management, along with distinguished practitioners including the former Executive Chairman of The Bank of New York Mellon Corporation; the President and CEO of Marsh & McLennan Companies; and the President and CEO of Credit Suisse Investment Banking. School of Management Dean Joel Podolny opened the event. Yale faculty joining him included economist Robert Shiller, accounting experts Rick Antle and Stan Garstka, banking law expert Jonathan Macey, finance expert Will Goetzmann, political scientists Douglas Rae and Jonathan Koppell, and Jeffrey Sonnenfeld, Senior Associate Dean of the School of Management, who organized the event and served as Moderator. You may have already read or listened to commentary from the Roundtable since it was extensively reported by CNBC and the Wall Street Journal (co-sponsors of the event). However, as part of Yale’s efforts to bring the campus to you – whether through free online courses or the netcast series – we wanted to share materials from the Roundtable in view of the extremely important topics under discussion. Please click to the Yale SOM website http://mba.yale.edu/news_events/CMS/Articles/6608.shtml. Also, you may want to bookmark this site since additional materials will be posted. Obviously, the Roundtable could only offer an introduction to the range of views being debated.